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Dec 19, 2012
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but michelle knows where it is, michelle? >> you have to wait until after the break it find out where, but listen to this combination, tyler. investors desperately chasing the yield. the equivalent of sub prime borrowers and it is raising fears in a key economy. well tell you which one on the other side of the break. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> coming up on "street signs," retail extravaganza. on monday, wal-mart and target. today macy's and sachs. we will talk to karzai as he feels about the government finally exiting gm. and stinky st
but michelle knows where it is, michelle? >> you have to wait until after the break it find out where, but listen to this combination, tyler. investors desperately chasing the yield. the equivalent of sub prime borrowers and it is raising fears in a key economy. well tell you which one on the other side of the break. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with...
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Dec 19, 2012
12/12
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guys, back to you. >> michelle, thanks so much. michelle caruso-cabrera. entering the final stretch. a market is down 85 points here on the dow industrials. >> at the lows of the day for the stock market. when we come back we'll have the closing countdown. raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. the lexus december to remember sales event is on. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistanc
guys, back to you. >> michelle, thanks so much. michelle caruso-cabrera. entering the final stretch. a market is down 85 points here on the dow industrials. >> at the lows of the day for the stock market. when we come back we'll have the closing countdown. raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one...
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Dec 19, 2012
12/12
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KPIX
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michelle? >> marlie, you were talking about kids going back to school and it was a day of mixed emotion. tell me what the mood is like after that. i'm sure it's really hard for parents to send their kids back to school but the community seems to be taking steps forward. >> reporter: well, understandably, people are still devastated although resuming classes restored some sense of routine, people -- it was still not a typical day. students went back to school with security. parents, students and teachers still grief-stricken and not much work was done because they were talking about the tragic events that took place on friday. >> no kidding. and any word yet on when the sandy hook elementary students when they are going to return to school? >> reporter: well, the latest report is that they will return after the winter break but not back to sandy hook. they will be attending a school in nearby monroe the chalk hill school, which is being prepared for their arrival. >> okay. marlie hall live in co
michelle? >> marlie, you were talking about kids going back to school and it was a day of mixed emotion. tell me what the mood is like after that. i'm sure it's really hard for parents to send their kids back to school but the community seems to be taking steps forward. >> reporter: well, understandably, people are still devastated although resuming classes restored some sense of routine, people -- it was still not a typical day. students went back to school with security. parents,...
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Dec 19, 2012
12/12
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>> that's why i think the michelle fonoi, the first couple of the years of the obama administration, important voice during the reelection campaign, i could see her becoming very attractive. is the president really going to go out and announce three white men as a national security appointees? could well happen if they are the right people, he could well do that, but you could see michelle coming in there, also being considered as the number two now at the pentagon, ash carter, and choosing him would be acknowledgment that the defense job is a huge management job. that's an unbelievable enterprise in a huge period of transition and cutback. there needs to be somebody who can really run that organization, and whatever senator hagel's gifts, those aren't it. he's not a manager, not someone who's going to have the ear of that building. that's why you saw an editorial in "the washington post" today really going after the hagel idea and saying he'd been out there calling the pentagon bloated. i don't know who's going to argue with that, but it's not a great way to come in the door. >> a l
>> that's why i think the michelle fonoi, the first couple of the years of the obama administration, important voice during the reelection campaign, i could see her becoming very attractive. is the president really going to go out and announce three white men as a national security appointees? could well happen if they are the right people, he could well do that, but you could see michelle coming in there, also being considered as the number two now at the pentagon, ash carter, and...
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Dec 19, 2012
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our michelle michelle caruso-cabrera is here with more. >> we're absolutely raising a red flag about a potential blowup within the chinese banking system. a financial product sold to investors in shanghai last year which was supposed to pay interest between 11% and 13% in one year, when it came due in late november, investors got zero, nothing. they lost both principle and interest. $22.5 million worth in total. the money was supposed to be invested in a pawnshop, two car dealershi dealerships, and entertainment venue. the investors who claimed they were told the product was risk free protested in front of the bank for days. those protests made headlines across the country. analysts believe this is the first time this type of product known as a wealth management product or a wmp has gone bust and so publicly. wealth management products are wildly popular in china because investors get higher interest rates than from savings accounts or cds. remember, the government controls interest rates in china. right now they're below the rate of inflation. chinese investors are desperate for yie
our michelle michelle caruso-cabrera is here with more. >> we're absolutely raising a red flag about a potential blowup within the chinese banking system. a financial product sold to investors in shanghai last year which was supposed to pay interest between 11% and 13% in one year, when it came due in late november, investors got zero, nothing. they lost both principle and interest. $22.5 million worth in total. the money was supposed to be invested in a pawnshop, two car dealershi...